When Is Arbitration Too Expensive? Financial Ability Is a Consideration

Ensayos2018 | Enero 8
Whenever Bob discusses arbitration with a client he talks about the advantages of avoiding court proceedings. His first words always are “You save so much money. Bob has learned that his clients like to save money and that these savings are more important to them than the speed of arbitration or the ability to pick the decision-maker or the many other benefits that arbitration provides.

So it came as an ironic shock when Bob’s adversary sought to dismiss an arbitration proceeding because the proceeding would be so expensive. Talk about turning things upside down. Here is what happened.

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When Is Arbitration Too Expensive? Financial Ability Is a Consideration | The Legal Intelligencer

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Un pensamiento en “When Is Arbitration Too Expensive? Financial Ability Is a Consideration

  1. Indeed true: arbitration can cost an arm and a leg if misunderstood at contract, or mismanaged as it actually unfolds, and let’s not talk about milking on the part of some –certainly not all—arbitrators, the kind that will not stop asking to be briefed, the thicker the brief the merrier. Naturally, not to mention first class travel and accommodation and sea scallops in a garlic butter sauce for lunch instead of a working meal, sandwich and soda. Then again, those arbitrators don’t make it in this business.

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